We monitor inventory levels to your desired and comfort level. We do not have a "one size fits all" approach. We tailor plans to your company's needs.
Receiving, Inspection, Put Away
We take inventory from dock to stock. With our customer's approval, we manage receiving inspection, and quality control as well as putting the inventory in the proper location within your facility from a central stores area to multiple staging locations or directly to the line.
ZERO Carrying Cost
CIP inventory remains our property until removed from the in-house inventory location and entered into production. This eliminates your inventory carrying costs and quarterly taxes, freeing up additional dollars for you. According to the National Association of Purchasing Managers, this can vary from twenty-one to twenty-nine percent of the total inventory value!
CIP looks at the annual usage of production parts and allocates releases based on customer production requirements. Inventory levels at customer facilities are small, saving on space.
Reduced Acquisition Costs
CIP reduces the "hidden costs" of inventory management. Valuable time lost in managing inventory, issuing purchase orders or general upkeep can now be focused on value added work.
Custom Built Program
We customize CIP programs to match your needs. Items such as box quantity and part reorder point are determined at the beginning of the program, and offer flexibility based on your changing requirements.
Areas of Concentration
- Part standardization
- Part reduction
- Prototype engineering support and sample submission
- Single sourcing for class "C" components
- Cost reduction strategies
- Key personnel onsite
- Streamlining installations
Standard box quantities can help your company better maintain inventory in production and maintenance departments.
Custom packaging can help when special sizing is necessary for your company.
Bagged production items can also help decrease time on your lines to increase productivity and reduce valuable downtime.
Full Service Labeling
From standard shipping labels to custom branded labels, Great Lakes Fasteners has everything you need!
Documented Cost Savings
We provide a documented cost savings report that captures all savings, both hard and soft, for a quarter. Each quarter we will mutually identify goals and objectives for areas of savings and validate them with our customers.
Our entire range of services gives our customers the highest level of satisfaction in our industry, including documented savings, personalized inventory management programs, application engineering capabilities, custom packaging/kitting services and global sourcing. We provide our customers with the advantages of concentrating on its core competencies and remove the burden of worrying about class "C" components.
Contact our sales department for all the shipping alternatives available to your company!
- Dock to stock
- VMI / Onsite
- Multi-location support
- Part review and consolidation
- PPAP Level III